Senior living occupancy rose 0.6% in second quarter

senior living occupancy rose
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Senior living now has seen eight consecutive quarters of occupancy increases

Senior living occupancy rose 0.6 percentage points to 83.7% from the first quarter to the end of the second quarter, according to the analytics research team at the National Investment Centers for Senior Housing & Care.

Independent living and assisted living occupancy has seen two full years of increases. Occupancy now has surpassed the pandemic low of 77.8% seen in the second quarter of 2021 by 5.9 percentage points.


Hospital at home concept advances

Hundreds of hospitals across the country have launched an acute care at home program, focused on treating patients at home versus in a hospital bed. Many of those hospitals are following the Acute Hospital Care at Home model developed by the Centers for Medicare & Medicaid Services (CMS), which sets strict guidelines for in-person care to qualify for Medicare reimbursement.

More than 270 hospitals in more than 120 health systems are currently following CMS Acute Hospital Care at Home program model, with the CMS waivers remaining in place until the end of 2024.

With the uncertain policy and regulation landscape as a backdrop, health systems are developing their own acute care at home programs.


July Performance Metrics

As of July 31, 2023, Excelas, LLC has provided customized solutions to 380 Clients & Firms for 14,147 Records/Cases totaling 18,862,322 Pages.


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